Environmental Economics
A Critique of Benefit-Cost Analysis
Business & Finance, Economics, Sustainable Development
| Author: | Philip E. Graves | ISBN: | 9780742578470 |
| Publisher: | Rowman & Littlefield Publishers | Publication: | April 9, 2007 |
| Imprint: | Rowman & Littlefield Publishers | Language: | English |
| Author: | Philip E. Graves |
| ISBN: | 9780742578470 |
| Publisher: | Rowman & Littlefield Publishers |
| Publication: | April 9, 2007 |
| Imprint: | Rowman & Littlefield Publishers |
| Language: | English |
For the past 25 years, governmental decision-makers have employed the economic approach of benefit-cost analysis for resource allocation decisions. Environmental Economics describes, in a non-technical, readily understandable way, why the actual practice of benefit-cost analysis in environmental settings is heavily biased against the environment. The book provides environmentalists with the tools necessary to show policy-makers that pursuing many policies with apparent costs greater than benefits are, in fact, welfare enhancing.
For the past 25 years, governmental decision-makers have employed the economic approach of benefit-cost analysis for resource allocation decisions. Environmental Economics describes, in a non-technical, readily understandable way, why the actual practice of benefit-cost analysis in environmental settings is heavily biased against the environment. The book provides environmentalists with the tools necessary to show policy-makers that pursuing many policies with apparent costs greater than benefits are, in fact, welfare enhancing.
